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Multietnicas Group
In this Group: Irma Isabel, Julia De Jesus, Maria Hermenegilda, Yolanda
This group is made up of four women who organized themselves three years ago with the goal of accessing financing to buy merchandise for the little convenience stores that each one of the members had established. The group name is "Multietnicas" (Multiethnics) because it is formed by women of different ethnic groups, regardless of the differences in culture, language, race, and history, under one common social identity, which is to improve their quality of life.

Irma Isabel is a friendly and hard-working woman. She is 40 years old, married, and has 5 children. She is the coordinator of the solidarity group. With the goal of having her own source of income, she established a little convenience store seven years ago and sells nacatamales and fast food from Thursday to Sunday. She is applying for financing to buy supplies to make sandwiches, hamburgers, hot dogs, and fried foods, among other products. Her dream is to have a distributorship.
View original language description ↓
Está integrado por cuatro mujeres, que se organizaron hace 3 años, con el propósito de acceder a financiamiento, para comprar mercadería para sus pequeñas pulperías que han establecidos cada una de las integrantes. El nombre de MULTIETNICAS, es porque está conformado por mujeres de diferentes grupos étnicos, sin importar diferencias de cultura, lengua, raza e historia, bajo una identidad social común, que es mejorar su calidad de vida.

Irma Isabel: Es una mujer amable y luchadora, tiene 40 años de edad, casada, tiene 5 hijos. Es la coordinadora del grupo solidario. Con el propósito de tener su propia fuente ingreso, desde hace 7 años estableció una pequeña pulpería y vende nacatamales y comidas rápidas de jueves a domingo. Solicita financiamiento para comprar insumos para elaborar sándwich, hamburguesas, hot dog, fritos, entre otros productos. Su sueño es tener una distribuidora.

Additional Information

About Pana Pana

Pana Pana is a nonprofit civil association founded in 1990 in Nicaragua. The organization’s official name is Asociacion para el Desarrollo de la Costa Atlantica (Association for the Development of the Atlantic Coast) but they have always been know as Pana Pana which means “mutual help” in the local language.

Pana Pana offers loans for commerce, housing, and a small number of agriculture loans. They also have a small social development unit that runs Pana Pana’s non-financial services. This includes technical assistance for housing loans and the development of a water and sanitation project.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.


About Nicaragua

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Multietnicas Group's $2,325 loan helped a member to buy supplies to make sandwiches, hamburgers, hot dogs, and fried foods, among other products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jun 24, 2014
Jul 30, 2014
Currency Exchange Loss:
Feb 20, 2015